The UK Government has announced a package of support for the Self- Employed impacted by the Coronavirus outbreak, bringing support to the same level as that for employees.
The new Self-Employed Income Support Scheme, means those eligible will receive a cash grant worth 80% of their average monthly trading profit over the last three years.
The scheme will be open to those with a trading profit of less than £50,000 in 2018-19 or an average trading profit of less than £50,000 from 2016-17, 2017-18 and 2018-19.
For further information on the Self- Employment Support Scheme please visit the GOV.UK website.
Please visit the Business Wales Coronavirus advice for businesses pages for information for your business on dealing with the Coronavirus outbreak.
First published
02 April 2020
Last updated
07 March 2024